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Bullboard - Stock Discussion Forum Resource Capital Gold Corp GDPEF

RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

GREY:GDPEF - Post Discussion

Resource Capital Gold Corp > Reread my last post - hypothetical
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Post by Wangotango67 on May 28, 2019 10:49pm

Reread my last post - hypothetical

Pretty sure I never stated .20 cents...( lol ) I suggested a hypothetical - scenerio - even then, is any stock right now valuated appropriately ? ( lol x 2 ) Keeping an eye on this stock... All depends how they restructure - time will tell. Cheers !
Comment by LeftBook on May 29, 2019 12:43am
Wango, Damian and I both had similar top end values for RCG north of $50M, hence 20c. McBain probably thought that was over the top. Dec 2018 value 31M assets - 18M liabilities 13M book add 20M of tax credits to the value of the assets 51M assets - 18M liabilities 33M book 33M/175M = 21c Other factors Tangier+Forest Hill are worth $5000 at $10/oz so more than $1.2M they carried on the ...more  
Comment by damianchosenone on May 29, 2019 11:04am
After speaking to 2 geologists that know the properties I can say that they believe between the 3 of them, rcg can make a Npv of over 300million easy dufferin will double with more exploration. There is a reason why 4 bidders are still negotiating and there were originally 9.there is a reason why sprott said it was one of his favorite properties. There is a reason why Atlantic insiders are ...more  
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